U.S. GDP Growth Down to 1.5 Percent Amid Iran War Effects

US real GDP growth slowed to 1.5% in Q2 2026 from 2.1% in Q1, the Bureau of Economic Analysis reported. The PCE price index rose 5.1%, up from 4.6%, as the Iran war disrupted Strait of Hormuz shipping and pushed energy prices higher. Source: Statista.